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Commodity bets: Sell gold; buy silver & crude

Discussion in 'Trading Strategies & Systems' started by harreymartin, Jun 28, 2013.

  1. harreymartin

    harreymartin New Member

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    Commodity experts are upbeat on silver and crude, they advise buying them. However, they are not bullish on gold, hence suggest selling it.

    Priyank Upadhya of SSJ Finance and Securities suggests buying silver around Rs 39,000 per kilogram with stop loss below Rs 38,500 per kilogram and target around Rs 40,000-40,400 per kilogram.

    Hitesh Jain of IIFL advocates selling MCX gold at Rs 25,500 per 10gm with target of Rs 25,000 per 10gm and stop loss of Rs 25,850 per 10gm.

    Read more: http://tradingtip***pert.wordpress.com/2013/06/28/commodity-bets-sell-gold-buy-silver-crude/
     
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